29
Aug
2024
Aug
2024
Construction activity in Hungary declines in H1 2024
Construction works in Hungary started during H1 2024 fell by 11% compared to the same period of last year, according to the latest EBI Construction Activity Report prepared by Eltinga, Buildecon and iBuild.
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29
Aug
2024
Aug
2024
Immofinanz sees profit surge in H1 2024
Immofinanz Group, majority owned by CPI Property Group, recorded a rental income growth of 13% during H1 2024 to €292.5 million compared to the same period of last year and recorded a strong profit, according to a financial report.
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28
Aug
2024
Aug
2024
SIOR Foundation awards $22,000 grant to Ukraine real estate school
The Society of Industrial and Office Realtors (SIOR) Foundation has awarded a $22,000 grant to the Kyiv School of Development (KSD). The funding will be used for the training of at least 100 reconstruction specialists to help rebuild Ukraine.
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28
Aug
2024
Aug
2024
Belgians lead investments in Romania’s property sector
Investors originating from Belgium had the biggest share in Romania’s commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
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28
Aug
2024
Aug
2024
Cushman & Wakefield to manage Vibe in Warsaw
Cushman & Wakefield has been appointed as the property manager of the Vibe office building in Warsaw’s Wola district.
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28
Aug
2024
Aug
2024
Demand and rents grow in Prague's office market
Prague's office market has grown by 4 new buildings in Q2 2024, offering nearly 44,000 sqm of modern class A office space, reports Colliers in its regular quarterly office property market survey. A large part of these properties has found tenants before completion.
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28
Aug
2024
Aug
2024
CTP completes premises for Fiege in Žatec
CTP has handed over a newly completed 18,000 sqm industrial and logistics building in CTPark Žatec to Fiege s.r.o. From this location, Fiege is planning to store and subsequently distribute tyres for retail clients from the Czech Republic, Moravia and Slovakia.
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28
Aug
2024
Aug
2024
CTP names new Group Business Development Director
Industrial developer CTP has named Karel Stransky as its new Group Business Development Director. He is tasked with overseeing business development teams in the individual countries CTP operates in.
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27
Aug
2024
Aug
2024
Wing completes mixed-use project in Budapest
Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
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27
Aug
2024
Aug
2024
Heavily polluted environments reduce cognitive abilities by half
Sick building syndrome (SBS) is becoming a growing problem affecting millions of buildings worldwide. In Great Britain and New Zealand, up to 80% of employees have shown symptoms of SBS leading to increased sickness and reduced productivity.
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Latest news
- Knight Frank takes leasing mandate in Kraków
- What will define Poland’s next generation of urban projects?
- Atenor secures building permit for BakerStreet II in Budapest
- Peakside completes new hall at City Point Targówek in Warsaw
- BIG Poland to open new retail park in Olkusz
- Follow the occupier, follow the capital
- W. P. Carey sees growing sale-leaseback demand in Europe
- Addleshaw Goddard advises on €160 million Poznań logistics deal
- Courtney Fingar joins Property Forum as Strategic Advisor for FDI
- Yareal upgrades streets around SOHO development in Warsaw
New leases
- Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
